Jay Jay Earns His Wings by Jodi Huelin

Jay Jay Earns His Wings by Jodi Huelin

Addresses significant developments in the valuation of early stage enterprises at fair value with emphasis on practical applications--features a broad selection of case studies of early stage valuation

Early Stage Valuation: A Fair Value Perspective provides a comprehensive review of the current methodologies used to value Early Stage Enterprises (ESEs) at fair value for financial reporting, investment, and mergers and acquisitions. Author Antonella Puca, founder and managing director of leading business valuation firm BlueVal Group, provides accurate, up-to-date information on recent guidelines and new approaches for valuation assessments.

This authoritative guide examines how quantitative modelling, such as the expanded use of option pricing models (OPM) and Monte Carlo simulation, are affecting ESE valuation. The text considers the most recent AICPA, Appraisal Foundation and IPEV guidance, and examines developments in both academic research and venture capital investor practice. Numerous real-world case studies illustrate early stage valuation suitable for structuring sound, internally consistent business transactions. Covering current trends and the latest regulatory guidance in the area, this book:

• Provides step-by-step guidance on practical valuation applications
• Reflects current standards for ESE valuation, including the 2018 IPEV guidelines, the AICPA Guide to the Valuation of Portfolio Company Investments and guidance from the Appraisal Foundation
• Covers new approaches to the valuation of ESEs with option pricing models, Monte Carlo Simulation, calibration and non-GAP metrics
• Offers an overview of start-up valuation
• Discusses how intangible assets are impacting the valuation of ESEs

The book also includes contributions from Neil Beaton, Andreas Dal Santo, Alexander Davie, Alexander Gamburd and Mark Zyla.

Early Stage Valuation: A Fair Value Perspective is an essential resource for valuation specialists, private equity and venture capital fund managers, analysts, attorneys, investment bankers, regulators and auditors, and investors with interest in the private equity and venture capital industry.